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Phillips

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Auctions

Phillips London sets new records for Emily Mae Smith and Portia Zvavahera in £26.3m contemporary evening sale

While the top lot of the night—a fiery self-portrait by George Baselitz—struggled to meet its low estimate, a bidding war broke out over Dana Schutz's painting of a bright orange Trump

News
Art market

Phillips rolls out 'Articker' to predict the next hot artists through exhibitions and media coverage

Like a stock ticker, the new data platform scrapes the internet to give users a constant stream of information about art

Analysis
Art market

In the first partnership of its kind, Phillips and Poly Auction set their sights on Hong Kong

Mutually beneficial collaborations between Western and Chinese auction houses are on the rise

Blog
Diary

Vogue’s extraordinary key worker cover stars feature in Phillips’ charity sale

Comment
Art market

Can the art market be an ally in the fight for racial equality?

The industry remains subtly discriminatory and must abandon some obsolete ways if it is to truly change for the better

News
Films

Ai Weiwei will address the Rohingya refugee crisis in a forthcoming documentary

The Chinese dissident artist and director of Human Flow is also currently filming a new documentary about the coronavirus pandemic

News
Art market

Phillips partners with charitable foundation to benefit New Yorkers hardest hit by coronavirus

The auction house will donate all proceeds from a forthcoming online sale to the New York-based Robin Hood Foundation

Blog
Diary

Leonardo DiCaprio and Laura Dern sign Sandy Powell's suit for Derek Jarman appeal

Analysis
Art market

Phillips’s sale reveals contemporary art's hottest stars but still misses its low estimate

Auction results this week are expected to be down by almost a quarter signalling a "low tide" in London

News
Damien Hirst

Damien Hirst medicine cabinet bought for £600 goes on sale for over £1m

Softer YBA market faces test as collection amassed by London bond trader goes under the hammer at Phillips next month

News
Auction houses

2020 vision: the big year of change for auction houses?

Supported by transformational new technology, the sector is ditching its traditional business model in favour of the luxury goods market

Analysis
Auctions

New York's autumn sales were subdued but not necessarily septic

Overall sales were down by around 30% but beyond the disappointing headline figures, women and minority artists shone

Interview
Art market

In person | Cheyenne Westphal on swapping the drama of Sotheby’s for the challenge of growing Phillips

The chairman of Phillips explains what it takes to succeed in the auction business

Preview
Art market

Confidence may be low, but New York's auctions are aiming high

Can the quality of the smaller works coming up during "gigaweek" quell economic jitters?

Analysis
Auctions

New artists to the block bring excitement to Phillips Contemporary evening sale in London

New record set for Alex Katz, but less-familiar names also exceed expectations

News
Auction houses

Phillips names Olivia Thornton head of 20th-century and contemporary art in Europe

The appointment comes after a handful of new hires across the auction house’s offices

Analysis
Art market

Price match! Old Masters vs contemporary art: what can you get for your money?

As London's Classic Week of sales comes to a close, we take a look at what the same sum will buy you at either end of the art historical timeline

News
Auctions

Female painters steal the limelight at Phillips contemporary evening sale in London

Market is not “as effervescent as it was”, but £36m total is the auction house’s highest in June for over a decade despite disappointing results for Modern works

News
Art market

San Francisco museum's Rothko sells for $50m as Sotheby’s closes bumper week of New York auctions

Dana Schutz’s record broken twice in one night at Phillips then Sotheby's, while the bidder behind the $91m Koons Rabbit buys Lee Krasner painting for $10m

News
Art market

Gerhard Richter’s jet fighter painting finally takes off at Phillips after bumpy legal battle

After previous buyer defaulted on paying for the work in 2016, painting sold in London for £15.5m in a significantly smaller auction compared with 2018

News

Rio’s Museum of Modern Art finally sells Pollock for around $13m

For a struggling institution, the price is short of earlier estimates

News
Art market

Shifts among the major auction houses could spell serious change

Loic Gouzer to leave Christie’s as the auction house restructures in wake of Francis Outred's departure, while Phillips upgrades its New York headquarters

News
Auctions

Phillips and Bonhams see strong sales on smaller lots

The auction houses' bottom lines suffered from unsold lots in their contemporary sales, continuing a trend of top-lot discernment during New York’s fall sales

Podcast

David Hockney: exclusive interview with the world's most expensive living artist

We talk to David Hockney about Portrait of an Artist (Pool with Two Figures), which broke an auction record this week, selling at Christie's New York for $90.3m with fees. Produced in association with Bonhams, auctioneers since 1793.

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Art market

Latin American art gets a boost on the auction block

Including the region’s art in broader sales has been a positive move for some artists' sales

Preview
Art market

What to watch on the block during New York's fall sales

Lesser known lots still hold plenty of hammer potential

Analysis
Digital art

Who needs artists? Rise in works made by AI raises real questions for the art market

A new portrait produced by an algorithm, expected to sell for around $10,000 at Christie’s, prompts new debates over authorship

News
Art market

London’s contemporary art summer season in flux as middle market comes out on top

Christie’s introduces day sale format and established names give way to new talent

News
Art market

Out with the old in with the new, with a side of Bacon, at Phillips and Christie's $528.8m auction night

New record for Joan Mitchell as fresh artists join the $10m-and-up club—but Bacon and Basquiat still dominate top prices in New York

News
Art market

Online sales, Asia and guarantees: auction house chiefs on the future of the business

The heads of Christie's, Bonhams and Phillips speak on market shifts, challenges and why they believe their model will succeed

News
Frieze New York

Basquiat’s $20m work takes centre stage in Phillips sale

Critic and curators gather to pay tribute to late artist as 1984 painting comes to market for first time

News
Auctions

Picasso painting of Marie-Thérèse gives Phillips the edge in London’s contemporary sales

A record sale at Christie’s and a solid result at Sotheby’s show the market is in full recovery

Preview
Art market

Surfacing on the market: Il Guercino's dog, John McEnroe's Mark Bradford and Jeffrey Archer's cartoons

Our pick of this month’s most interesting auction

News
Art market

From Van Gogh to Richter—what happens when bidders fail to pay up at auction?

Flaky winning bids are knocking the gloss off record-breaking sales

News
Art market

Phillips to incorporate its Latin American offering in its main contemporary auctions

Citing record prices for works by Herrera, Schendel, and Oiticica, the auctioneer hopes move will stoke international demand

News
Art market

Phillips and Sotheby's deliver healthy totals for contemporary art

Capping an epic week of auctions, solid results featuring records for female artists and a Ferrari bode well for market's future—so long as it doesn't overheat

News
Art market

Optimism abounds heading into November auctions in New York

Discretionary sellers gain confidence in the market and Christie's leads its contemporary sale with Da Vinci—but recent overreaches sound a cautionary note

News
Art market

Anatole Shagalov embroiled in legal cases that reveal problems of buying art with loans

Buyers using works as collateral and allegedly defaulting on payment becoming increasingly common in "frothy market"

Archive
Art market

Post-war and contemporary results

A big week for Phillips, Sotheby's, and Christie's

Archive
Frieze

Warhol-Basquiat goes begging at Phillips

Phillips’s chief executive says Frieze might have distracted potential buyers

Archive
Art market

Collectors flock to Lalanne sheep, driven by recent exhibition at the Paul Kasmin Gallery

Set of sheep sell for $746,500

Archive
Interviews

Interview with Simon de Pury: “Photography may slacken off; design has great potential”

Phillips’ international star talks about plans for the future, guarantees and what happens to those unsold pictures

Archive
Photography

Photography auction report: Americana and fashion photography in vogue

Market gains ground as annual auctions bring in new collectors

Archive
Art market

Auction guarantees are dividing the art trade

Insurance for sellers or market manipulation?

Archive
Art market

Key lots: Contemporary and post-war

Sarah Morris, Mark Bradford, and Andy Warhol are this season's London highlights

Archive
Art market

Contemporary Art auction report: Warhol’s dollar bills attract big bucks in New York sales

The market has recalibrated, but major pieces spark highly charged bidding wars

Archive
Art market

A surprise show of strength at Frieze week post-war and contemporary auctions

Houses keep their heads above water with wider international selection

Archive
Sotheby's

Post-war and contemporary auction report: Charles Saatchi strikes gold

Saatchi sells two Kippenberger paintings

Archive
Collectors

Saatchi purchase makes collector Howard Faber think again

$6m from sale of Chinese paintings, including a Zeng Fanzhi, encourages him to review his remaining collection

Archive
Phillips

Contemporary sales, London: Phillips struggles in bid to lead auction week

But Bacon brings profitable business to Christie’s and Sotheby’s

Archive
Auctions

Phillips de Pury plans seven-hour sale during Frieze week

The sales include the private collection of Marino Golinelli

Archive
Art market

The photography market has been going strong in the past few years, and these October sales may mark the return of steady growth in the field

Eggleston peddles to a new record

Archive
Bernard Arnault

Bernard Arnault sells 70% of his stake in Phillips de Pury Luxembourg

The luxury goods mogul cuts his losses from auction house investment

Archive
Sotheby's

Sotheby’s ends auctions in Chicago

Twentieth-century decorative arts market may shift to local firms and Phillips

Archive
Art market

LVMH raises Phillips’ society profile by appointing titles to the board

Ushering in a new age of glamour on Phillips board

Archive
Phillips

Phillips finds NY home while its owner, Bernard Arnault, headhunts in Sotheby’s

The auction house has acquired a 5,000 square foot facility in Manhattan

Archive
Art market

Contemporary and Post-war art auction sales do better than expected

Gary Hume, Sam Taylor-Wood and Cecily Brown prove that it’s never too soon to be an auction star

Archive
Phillips

A new head of Asian art at Phillips: Interview with Colin Sheaf

“London remains a huge centre for collectors all over Europe”

Archive
Art market

Phillips moves into Judaica sales in New York

A difficult market now centred on Israel and Amsterdam